Europe
Neste Oil to sell Belgium polyalphaolefin plant to Chevron Phillips Chemical
Chevron Phillips Chemical (CPChem) has agreed to acquire a polyalphaolefin (PAO) plant located in Beringen, Belgium, from Neste Oil.
Sulzer opens first Russia pumps service center
Sulzer Pumps will soon open its first service center in Russia. Located in Khimki, Moscow, the new service center will provide repair and retrofit service for industrial pumping systems for Russian customers, the company said.
Technip to engineer Gabon ammonia-urea project
Gabon Fertilizers awarded France-based Technip with a strategic engineering contract for a world class grassroots ammonia-urea fertilizer project to be developed at Port Gentil, Gabon.
Foster Wheeler wins EPC deal for Sasol expansion in South Africa
Foster Wheeler has been awarded a contract by Sasol to provide engineering, procurement and construction management (EPCm) services for the Sasolburg utilities expansion project at Sasolburg, South Africa.
EU Parliament seeks stricter greenhouse gas rules
The European Parliament is calling for fast action to reduce non-CO2 climate forcers including black carbon soot, hydrofluorocarbons (HFCs), methane, and ground-level ozone, which together are responsible for nearly half of climate forcing, the group said.
Praxair to supply gases for Russia glass facility
Praxair has reached a 15-year agreement to supply nitrogen and hydrogen to Guardian Industries’ new float glass facility in Rostov, a growing industrial region in southern Russia.
IEA cuts global oil demand outlook, citing economy
Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.
Technip buys subsea service firm Global Industries
France-based engineering firm Technip announced a $937 million deal to acquire US-based Global Industries, reinforcing its leadership in the subsea segment of oil services.
Eastman to expand global capacity for plasticizers
Eastman Chemical announced a second expansion of its Benzoflex plasticizer line at the Kohtla-Järve site in Estonia. The expansion will increase capacity at the site by an additional 11,000 metric tons and is expected to be completed by the end of the 2012 second quarter.
BP sells stakes in southern Africa fuels marketing
BP has completed the sale of its fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania to Puma Energy. The sale of the final business in Tanzania completed on September 1, the company said.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
